East Hanover Cooperative Nursery School Inc

Analysis

East Hanover Cooperative Nursery School Inc is a registered charity in United States, based in East Hanover, NJ. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, East Hanover Cooperative Nursery School Inc reported income of $258k and spending of $223k, spending 86% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $246k to $258k (+5.0%), an average of +5.0% a year. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, East Hanover Cooperative Nursery School Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 65th percentile within NJ. Charities of a similar size with the same main cause include Littlehands Group ($258k), Common Grace ($258k) and Qiao Ji Mandarin ($258k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $39k (18% of expenses). Other salaries and wages came to $141k. At year end it held assets of $104k against liabilities of $0, net assets of $104k. It reported 7 employees.